Operations Research or Qualitative Approach MCQ Questions and Solutions with Explanations

21

What are the primary business benefits of an ERP system?

A) Sales forecasts, sales strategies and marketing campaigns B) Market demand, resource and capacity constraints, and real time scheduling C) Forecasting, planning, purchasing, material management, warehousing, inventory and distribution D) All of the above

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Answer & Solution

Answer: Option D

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22

Which of the following is/are factor(s) of product design stage?

A) Product characteristics B) Economic analysis C) Profit and competitiveness D) All of the above

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Answer & Solution

Answer: Option D

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23

Objectives of scheduling include

A) keeping operator idle time to minimum B) keeping machine idel time at minimum C) keeping machine ancillary time at minimum D) all of the above

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Answer & Solution

Answer: Option D

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24

Which category of benchmarking, involves specific competitor comparisons for a product, service or function of interest?

A) Internal B) Functional C) Generic D) Competitve

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Answer & Solution

Answer: Option D

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25

Facility location decisions

A) do not affect other capacity decisions B) are intermediate range capacity decisions C) are not affected by other existing capacities D) none of the above

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Answer & Solution

Answer: Option D

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26

What does Kaizen mean, when translated from Japanese into English?

A) Change good B) Change slow C) Process change D) Process slow

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Answer & Solution

Answer: Option A

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27

Which of the following is a reason for ERPs explosive growth?

A) ERP is a logical solution to the mess of incompatible applications B) ERP addresses the need for global information sharing and reporting C) ERP is used to avoid the pain and expense of fixing legacy systems D) All of the above

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Answer & Solution

Answer: Option D

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28

Match the following.

List-I (Element of Production)	List-II (Elements)
a. Control of due dates	1. Cribes
b. Control of material	2. SQC
c. Control of quality	3. EOQ
d. Control of tooling	4. Scheduling

A) a-1, b-2, c-3, d-4 B) a-4, b-3, c-2, d-1 C) a-1, b-3, c-4, d-2 D) a-1, b-3, c-2, d-4

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Answer & Solution

Answer: Option A

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29

Which of the following reflect the key focus of six sigma?

A) Reduction in the cycle time B) Analysing and minimising the standard deviation in output C) Improving the quality of product D) Defining the layout of production facilty

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Answer & Solution

Answer: Option B

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30

In solving a facility location problem in which there are two possible locations being considered, the transportation algorithm may be used. In doing this

A) two rows (sources) would be added to the existing rows and the enlarged problem would be solved B) costs of zero would be used for each of the new facility C) two separate transportation problems will be solved D) the MODI method must be used to evaluate the empty cells

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Answer & Solution

Answer: Option C

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Operations Research or Qualitative Approach MCQ Questions and Solutions with Explanations | Management